FIRST HALF 2022 RESULTS
SUCCESSFUL VEGA C QUALIFICATION FLIGHT OPENS UP SUBSTANTIAL NEW BUSINESS OPPORTUNITIES
REVENUES UP WHILST PROFITABILITY IS IMPACTED BY RISING ENERGY COSTS

Q1 2022 HIGHLIGHTS 

VEGA C NEARING MAIDEN FLIGHT, VEGA E ENGINE SUCCESSFULLY TESTED INCREASE IN REVENUES EBITDA IMPACTED BY ENERGY PRICES

• Order Backlog: Euro 819.3 million (-6.6% vs Dec. 21)

• Revenues: Euro 65.9 million (+25.2% vs Q1 21)

• EBITDA Reported: Euro 0.2 million

• EBITDA Adjusted: Euro 1.2

• EBIT Reported: Euro -5.1 million

• EBIT Adjusted: Euro -4.1 million

• Net Cash Position: Euro 28.5 million (-50.1% vs Dec. 21)

Vega return to fly in Q1 2020

Our growth trend continued in the first half of 2019, building on the Group’s 2018 results – stated Giulio Ranzo, Chief Executive Officer of Avio”.

Growth of revenues, EBITDA and EBIT stable financial position

• Revenues: Euro 82.6 million (+10% on Q1 2018)
• EBITDA Reported: Euro 7.0 million (+15% on Q1 2018)
• EBIT Reported: Euro 3.1 million (+11% on Q1 2018)
• Net Financial Position: Euro 48.7 million, in line with 31 December 2018 (+14% if compared on like-for-like basis)

The Board of Directors of Avio S.p.A. today reviewed and approved the Q1 2019 results.

Revenue, net profit and cash growth continues

STRONG REVENUES, EBITDA AND EBIT GROWTH CONTINUES

AVIO: REVENUES, MARGINS AND BACKLOG GROWTH

REVENUE, EBITDA AND EBIT GROWTH CONTINUES.

NET FINANCIAL POSITION IMPROVES.

STRONG GROWTH IN REVENUES, MARGIN AND BACKLOG

GROWTH OF REVENUES AND MARGINS CONTINUES

• Revenues: Euro 228.4 million (+20% on the first nine months of 2016).
• Adjusted EBITDA: Euro 23.5 million (+9%)
• Adjusted EBIT: Euro 15.7 million (+27%)
• Net Financial Position: cash position of Euro 34.3 million (Euro 48.3 million at December 31, 2016).

Milan, November 9, 2017 – The Board of Directors of Avio S.p.A. today reviewed and approved the 9M 2017 Group consolidated results.